American Interest Expense vs Operating Income Analysis
| AW1 Stock | 0.07 0 1.56% |
American West financial indicator trend analysis is way more than just evaluating American West Metals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American West Metals is a good investment. Please check the relationship between American West Interest Expense and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American West Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Interest Expense vs Operating Income
Interest Expense vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American West Metals Interest Expense account and Operating Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between American West's Interest Expense and Operating Income is 0.73. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Operating Income in the same time period over historical financial statements of American West Metals, assuming nothing else is changed. The correlation between historical values of American West's Interest Expense and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of American West Metals are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Interest Expense i.e., American West's Interest Expense and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.73 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Operating Income
Operating Income is the amount of profit realized from American West Metals operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of American West Metals is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most indicators from American West's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American West Metals current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American West Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. Selling General Administrative is likely to drop to about 2.2 M in 2024. Issuance Of Capital Stock is likely to drop to about 14.1 M in 2024
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 10.5M | 12.6M | 67.9K | 64.6K | Interest Income | 1.7K | 13.4K | 15.4K | 16.2K |
American West fundamental ratios Correlations
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American West Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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